The author, via Scott Kanowsky, flags Trump–Xi this week on AI and trade, a possible truce extension, and Bessent–He talks on an AI notice channel. The piece sets Xi’s export boom against weaker U.S. polls and an Iran war it calls a costly energy shock.

Zuckerberg speaks at Meta Connect after brushing off safety scares; the author mocks extinction talk. UNGA draws Trump, Macron, Pezeshkian, and Zelenskyy; Xi skips it for the bilateral.

Watch S&P flash PMIs (services ~56.0, manufacturing ~53.4) and Costco’s Q4 after a gasoline-led May beat; shares up more than 4% this year.

Obviously, global attention this week will be focused on the key meeting between US President Donald Trump and his Chinese counterpart, Xi Jinping, since both leaders clearly share the saying that “from love to hate there is only one step”, since they brutally depend on each other. And, the truth is that beyond the bellicose discourse for the consumption of public opinion, in practice they agree and relaunch their society. 

 They plan to address topics ranging from artificial intelligence to commerce. On the other hand, Meta CEO Mark Zuckerberg will speak at a company event as fears grow around the safety of AI. Global bureaucrats will gather in New York for the very expensive United Nations General Assembly (in which Milei’s innocuous participation is expected with his boring refrain “Malvinas unites us” as if it were glue), while an indicator of business activity in the US and the quarterly results of retailer Costco will be published. 

Scott Kanowsky wrote an interesting note pointing out the five points I will comment on. 

1. Focus on the Trump-Xi meeting

There are numerous unknowns about how leaders will address major........

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